Hudson Pacific Properties (HPP)
Real estate investment trust pairing Class-A office towers with Hollywood studio and soundstage properties.
$11.79
vs last close−0.29 (−2.44%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 231 | 222 | 214 | 218 | 200 | 210 | 198 | 190 | 187 | 256 | 182 | 188 |
| Cost of revenue | 112 | 116 | 110 | 113 | 115 | 116 | 113 | 108 | 104 | 102 | 263 | 104 |
| Gross profit | 119 | 106 | 104 | 105 | 86 | 94 | 85 | 82 | 83 | 154 | −81 | 85 |
| 116 | 20 | 112 | 108 | 106 | 109 | 112 | 123 | 108 | 106 | −66 | 94 | |
| 18 | 20 | 20 | 21 | 20 | 19 | 18 | 28 | 14 | 13 | 13 | 12 | |
| General & administrative | 18 | 20 | 20 | 21 | 20 | 19 | 18 | 28 | 14 | 13 | 13 | 12 |
| Other expenses | 101 | 103 | 92 | 87 | 87 | 89 | 93 | 95 | 94 | 93 | −79 | 82 |
| Operating income | 101 | 86 | −8 | −3 | −21 | −15 | −26 | −41 | −25 | 48 | −15 | −10 |
| −137 | −169 | −46 | −44 | −84 | −160 | −54 | −47 | −119 | −329 | −36 | −95 | |
| Interest income | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 2 | 2 | 1 | 2 | 1 |
| Interest expense | 54 | 52 | 44 | 44 | 45 | 44 | 39 | 48 | 42 | 39 | 38 | 38 |
| Other non-operating income | 84 | 103 | 4 | 0 | 39 | 116 | 15 | −1 | 77 | 290 | −2 | 56 |
| Income before tax | −36 | −83 | −53 | −47 | −105 | −175 | −80 | −87 | −144 | −281 | −51 | −104 |
| Income tax expense | 0 | 6 | 0 | 1 | 2 | −1 | 0 | 0 | 0 | −1 | 0 | 0 |
| Net income from continuing operations | −36 | −89 | −53 | −48 | −107 | −173 | −80 | −88 | −144 | −280 | −51 | −105 |
| Net income | −33 | −93 | −48 | −43 | −95 | −166 | −72 | −80 | −133 | −276 | −48 | −99 |
| EPS, basic | −$1.89 | −$4.90 | −$2.59 | −$2.31 | −$4.83 | −$8.26 | −$3.71 | −$2.87 | −$2.10 | −$4.31 | −$0.82 | −$1.62 |
| EPS, diluted | −$1.89 | −$4.90 | −$2.59 | −$2.31 | −$4.83 | −$8.26 | −$3.71 | −$2.87 | −$2.10 | −$4.31 | −$0.82 | −$1.62 |
| Weighted average shares, basic | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 29 | 64 | 45 | 64 | 64 |
| Weighted average shares, diluted | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 29 | 64 | 45 | 64 | 64 |
| EBITDA | 116 | 77 | 81 | 84 | 27 | −41 | 52 | 56 | −8 | −149 | 68 | 16 |
| Depreciation & amortization | 99 | 94 | 92 | 87 | 87 | 89 | 93 | 95 | 94 | 93 | 81 | 82 |
| EBIT | 17 | −17 | −11 | −3 | −60 | −130 | −41 | −39 | −102 | −242 | −13 | −66 |
